YEARLY HIGH
0.0356 TOP
YEARLY LOW
0.0329 TOP
YEARLY AVERAGE
0.0344 TOP

2024 GMD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.0356. Conversely, the yearly low was recorded on August 28, dropping to 0.0329.

This high-to-low spread represents a total annual volatility of 0.0027 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0350 to the December average rate of 0.0333, the exchange rate registered a net change of -4.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0356 was down 10.84% compared to the 2023 peak of 0.0400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 178 TOP
2023 Average 190 TOP
Yearly Trough Low 165 TOP
Transaction Impact: A difference of 13.51 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0353
0.0332
JanuMarcMayJulySeptNove

GMD to TOP Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0350, compared to 0.0339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0350
H2 Avg (Jul–Dec) 0.0339

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0016 TOP (High: 0.0345 / Low: 0.0329). On the other end, June was the most stable month, with a tight range of 0.0002 TOP (High: 0.0349 / Low: 0.0347).

August Spread (Volatile) ±0.0016
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0351) against the same month in 2023 (average: 0.0381), the exchange rate shifted by -0.0029 (-7.72%).

2024 Avg (April) 0.0351
2023 Avg (April) 0.0381

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0352 0.0346 0.0350
February 0.0353 0.0348 0.0350
March 0.0351 0.0347 0.0349
April 0.0356 0.0349 0.0351
May 0.0353 0.0347 0.0349
June 0.0349 0.0347 0.0348
July 0.0352 0.0343 0.0349
August 0.0345 0.0329 0.0339
September 0.0343 0.0330 0.0337
October 0.0349 0.0334 0.0341
November 0.0340 0.0333 0.0336
December 0.0337 0.0333 0.0333